We use cookies on this site to enable your digital experience. By continuing to use this site, you are agreeing to our cookie policy. close

NYRA Seeks Sixth Exclusivity Extension

Law360 (April 15, 2008, 12:00 AM EDT) -- The New York Racing Association Inc. is seeking yet another extension of its exclusivity period, saying it requires additional time to work out the final details of its franchising agreement with the state of New York.

In court documents filed Friday in the U.S. Bankruptcy Court for the Southern District of New York, NYRA said it needs the sixth extension despite the fact that its Chapter 11 plan has already been voted on and accepted by all classes of creditors.

The bankrupt racing franchise has been...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.